3/271 Gympie Terrace, Noosaville, QLD 4566 | Commercial for sale | OnTheHouse
 
FOR SALE
$3,400,000 + GST (if applicable)

3/271 Gympie Terrace
Noosaville QLD 4566

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 239m2
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Tenanted Investment on Noosa's Coveted Riverside Strip

David Brinkley and Tracey Ryan from Ray White Commercial Noosa & Sunshine Coast are pleased to present 3/271 Gympie Terrace, Noosaville to the market for sale.
Located in the "buzzy eat street area" of Gympie Terrace, this prominent riverside property is tenanted by Bandita Mexican Cantina, recently featured in the Sydney Morning Herald Good Food Guide. The restaurant, with its vibrant atmosphere, speciality woodfired menu and dynamic cocktail mixes, capitalises on the soaring ceilings, flowing bifold doors and views from this stunning location.
The restaurant has been successfully operating for 4 years. With a new option term and market review recently agreed, the property is an extremely attractive asset, offering a passing rent of $199,000 per annum + outgoings + GST until January 2028, with a further 2 x 3 year options available.
PROPERTY FEATURES
• 182m²* restaurant area + 37m²* exclusive use outdoor area
• Additional exclusive use areas include 20m²* amenities block + car park/storage area
• Restaurant and kitchen areas were fully refurbished in 2022
• Kitchen fitout includes grease trap, hot water service, mechanical exhaust, 3 phase power and cold room
• Leased until January 2028 with 2 x 3 year options up to 2034
• Current rental $199,000 per annum + outgoings + GST
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Property Details for 3/271 Gympie Tce, Noosaville

Building Type
Commercial
Floor Size
239m2
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About Noosaville 4566

The size of Noosaville is approximately 25.8 square kilometres. It has 29 parks covering nearly 25.0% of total area. The population of Noosaville in 2016 was 8124 people. By 2021 the population was 8716 showing a population growth of 7.3% in the area during that time. The predominant age group in Noosaville is 70-79 years. Households in Noosaville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noosaville work in a professional occupation.In 2021, 69.80% of the homes in Noosaville were owner-occupied compared with 65.80% in 2016.

Noosaville has 7,593 properties. Over the last 5 years, Houses in Noosaville have seen a 65.57% increase in median value, while Units have seen a 77.99% increase. As at 31 October 2025:

  • The median value for Houses in Noosaville is $1,990,328 while the median value for Units is $1,129,305.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 90 properties listed for sale, and 38 properties listed for rent in Noosaville on OnTheHouse. According to Cotality's data, 367 properties were sold in the past 12 months in Noosaville.

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David Brinkley
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Tracey Ryan
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RWC Noosa & Sunshine Coast
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